February 28, 2019 / 7:01 AM / 6 months ago

Retailer Casino to sell two hypermarkets as part of debt-cut program

The logo of a Geant Casino hypermarket is seen on shopping trolley in Villeneuve-Louet, France, September 24, 2018. REUTERS/Eric Gaillard

PARIS (Reuters) - French supermarket retailer Casino said on Thursday that it would sell two of its ‘Geant’ hypermarkets for around 23 million euros ($26 million), as Casino continues a program of asset sales in order to cut debt.

Casino said it was selling the stores to French company Groupement Les Mousquetaires.

Reporting by Sudip Kar-Gupta; editing by Richard Pullin

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